About the System
The Nationwide Mortgage Licensing System has been
designed to streamline the licensing process, improve supervision and
increase transparency in the mortgage industry. NMLS contains a single
record for each mortgage lender, broker, branch and loan originator.
This single record can be used to apply for, amend and renew licenses in
any participating jurisdiction. For more, see the Overview
of the NMLS.
Getting Started
Which best describes you?
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State Licensing Resource Page
You can consult each state agency's transition plan and
jurisdiction-specific requirements on our State
Licensing Resource Page.
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News and Alerts
SRR Seeks Comments on MU Forms
On behalf of state regulators participating in NMLS, the State
Regulatory Registry LLC is inviting comment on the Mortgage Uniform
Forms (MU Forms) and Instructions . The MU Forms are the nationwide
standard of information collection for mortgage licensing and serve as
the framework for records maintained in NMLS. More information on
submitting comments can be found here: NMLS Comments. The comment
deadline is Friday, December 19, 2008.
Georgia & Tennessee announce participation in
NMLS
Georgia Department of Banking and Finance and Tennessee Department of
Financial Institutions have issued announcements indicating their
participation on NMLS. Georgia will begin accepting new applications and
transition requests through NMLS starting January 2, 2009. Tennessee
will begin February 1, 2009. Licensees in both states can obtain access
to NMLS and begin completing all necessary forms prior to their
state’s start date. For transition deadlines and more details, see
each state's Transition Plan: Georgia | Tennessee
Five additional state agencies receiving applications through
NMLS
NMLS is now receiving new application and transition filings for
Arkansas, Indiana-DFI, Indiana-SOS, Pennsylvania and Wyoming. Over the
past two months, licensees in these states were sent letters from their
regulator encouraging them to begin creating their NMLS record in
anticipation of the state's participation. Licensees and new applicants
are now able to submit these records through NMLS. Additional
information on each state's requirements is available here: Participating
States.
Renewal period begins
NMLS is now accepting renewal request submissions. Companies and
individuals who have attested that their licenses are up to date and
accurate will be able to submit renewal requests through December 31.
Individual state deadlines vary. For more information see Renewal Overview.
PRESS RELEASE: NMLS Registers 42,000 Mortgage Loan
Originators
The Conference of State Bank Supervisors (CSBS) and the American
Association of Residential Mortgage Regulators (AARMR) announce that in
the first three quarters of operations, the Nationwide Mortgage
Licensing System has registered over 42,000 mortgage loan officers.
Additionally, over 8,600 mortgage companies are using NMLS to manage
their licenses in 15 participating states. (View entire press release)
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